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Sameer decided to start a new …

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Sameer decided to start a new business selling potted plants. He bought 10 plants for ₹750, 10 pots for ₹400, and spent ₹100 in transit. His sister Anamika advised him to sell each plant with a pot for ₹140. However, he decided on a profit of 35%. Sadly, due to the COVID19 pandemic, Sameer's sales were affected. While he managed to sell three of his potted plants at ₹160 each, he had to sell the rest of the potted plants at ₹100 each. After selling all the potted plants, Sameer decides to deposit the money he earned from this business in a savings account. Bank A offers interest at a rate of 4% per annum and Bank B offers interest at a rate of 2.5% per annum. What would have been his profit and profit percentage if he had decided to take Anamika's advice
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Boriya Ravi 4 years, 9 months ago

Duplicate varun

Dnyaneshwar Varude 4 years, 9 months ago

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